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LoanBeam 201: Advanced Workbook Scenarios and Troubleshooting
After completing this course, LoanBeam users should be able to:
• Identify issues related to non-borrower income documents
• Demonstrate an ability to combine split repeated groups
• Compare and contrast Distribution Method and Net Business Income for Partnerships and S Corps
• Interpret a business's liquidity/solvency using Quick Ratio and Current Ratio
• Adjust Qualifying Income to exclude non-borrowing spouse
• Reconcile business name or entity type changes (e.g. Sole Proprietorship to LLC)
• Navigate LoanBeam’s Help Desk
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